GBPAUD W SHORT AUG 1 2022 Short

British Pound/Australian DollarFXCM

Description

⋅ Aug 1, 2022 7:38 AM

Took a short on GA, closed at 30pips, definitely could've held longer after checking in with monthly timeframe, it looks like GA is going to be gliding down.

Reasoning behind this trade is the 50% pullback + retest of a wick's end.

Great trade all around.

Trend Analysis GBPAUD